3184-B HIKINA RD # KOLOA HI 96756

I would like to share why this home price is $1,519,415. The home has a fantastic location. Also, this home is not encumbered by a HOA. HOAs are a growing concern for many. To associate a cost of what HOA's costs potentially are, I will introduce the concept of the HOA Homes True Cost to Own and how I calculated this cost. For example, if you purchase a home for $ 1.8 Million with a HOA fee of $567.00 monthly. Then based on 30 years of ownership in line with the typical mortgage, a 30-year term. The HOA Homes True Cost to Own is ($567.00 X 360 {monthly HOA payments} = $203,760.00 + $1,800,000.00 = $2,003,760.00), in my opinion. Additionally, this does not include HOA fee increases. In most HOAs you simply have a vote based on the ownership you have, however, there are many options and differences in HOAs. But the underlying point is a HOA' s is another monthly payment for the home. This home offers the benefit of not having an HOA, a rare find in Koloa Town or Poipu in today's real estate market. Just search, Koloa-Poipu, For Sale, No HOA. Most websites show this home and about 3-10 other homes in Koloa and Poipu with no HOA, this home is the least expensive! Great Find!!

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